First National Financial Co. (TSE:FN) Insider FNSC Holdings Inc. Purchases 105,214 Shares of Stock

First National Financial Co. (TSE:FN) insider FNSC Holdings Inc. bought 105,214 shares of the stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of C$42.73 per share, with a total value of C$4,495,794.22.

FNSC Holdings Inc. also recently made the following trade(s):

• On Monday, October 7th, FNSC Holdings Inc. purchased 25,774 shares of First National Financial stock. The stock was bought at an average cost of C$38.81 per share, for a total transaction of C$1,000,288.94.
• On Thursday, September 19th, FNSC Holdings Inc. acquired 16,565 shares of First National Financial stock. The shares were bought at an average cost of C$39.24 per share, with a total value of C$650,010.60.

First National Financial Trading Up 0.7 %

Shares of TSE FN opened at C$43.03 on Friday. The company has a market cap of C$2.58 billion, a PE ratio of 11.32, a P/E/G ratio of 0.70 and a beta of 1.04. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. The firm’s 50 day moving average price is C$39.87 and its 200-day moving average price is C$37.76. First National Financial Co. has a 52-week low of C$35.15 and a 52-week high of C$43.48.

First National Financial Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.708 dividend. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, November 29th. First National Financial’s payout ratio is 64.47%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FN. National Bankshares lifted their price objective on First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 30th. TD Securities boosted their price target on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Scotiabank raised their price objective on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Finally, CIBC boosted their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, First National Financial presently has an average rating of “Hold” and a consensus price target of C$42.67.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.